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XOM

Exxon Mobil

$83.10

-0.39 (-0.47%)

13:02
06/19/17
06/19
13:02
06/19/17
13:02

ExxonMobil reports 'breakthrough' in algae biofuel research

ExxonMobil and Synthetic Genomics announced a "breakthrough" in biofuels research involving the modification of an algae strain that more than doubled its oil content without significantly inhibiting the strain's growth. The ExxonMobil-Synthetic Genomics team modified an algae strain to enhance its oil content from 20% to more than 40%. Results of the research were published today in the peer-reviewed journal Nature Biotechnology. "Researchers at Synthetic Genomics' laboratory in La Jolla discovered a new process for increasing oil production by identifying a genetic switch that could be fine-tuned to regulate the conversion of carbon to oil... The team established a proof-of-concept approach that resulted in the algae doubling its lipid fraction of cellular carbon compared to the parent -- while sustaining growth," the companies explained. "This key milestone in our advanced biofuels program confirms our belief that algae can be incredibly productive as a renewable energy source," commented ExxonMobil.

XOM Exxon Mobil
$83.10

-0.39 (-0.47%)

06/05/17
HOWW
06/05/17
UPGRADE
HOWW
Outperform
Exxon Mobil upgraded to Outperform from Sector Perform at Scotia Howard Weil
Scotia Howard Weil upgraded Exxon Mobil to Outperform saying recent weakness provides a buying opportunity for this defensive play within the oil patch.
06/05/17
06/05/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Yelp (YELP) upgraded to Buy from Neutral at BofA/Merrill with analyst Justin Post saying consensus estimates are achievable following the first quarter headline miss. The analyst sees improved quarterly net account adds ahead and improved execution driving shares higher. 2. Exxon Mobil (XOM) upgraded to Outperform from Sector Perform at Scotia Howard Weil with the firm saying recent weakness provides a buying opportunity for this defensive play within the oil patch. 3. eBay (EBAY) upgraded to Outperform from Neutral at Credit Suisse with analyst Paul Bieber assuming coverage on the stock while saying there are multiple paths to create value. 4. Gap (GPS) upgraded to Outperform from Perform at Oppenheimer with analyst Anna Andreeva saying the shares are down 17% from last month's highs despite the retailer posting 12% earnings growth in the first quarter. 5. Outfront Media (OUT) upgraded to Buy from Hold at Loop Capital with analyst David Miller saying he believes the "reward outweighs the risk" with the shares down 17% over the past 15 weeks. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/07/17
HDLY
06/07/17
INITIATION
Target $90
HDLY
Long-Term Buy
Exxon Mobil initiated with a Long-Term Buy at Hilliard Lyons
Hilliard Lyons analyst Joel Havard initaited Exxon Mobil with a Long-Term Buy and a $90 price target saying he believes the reduced cost structure, two recent acquisitions and a more aggressive pace of capital spending position the company for a positive shift in reserves and production growth and a multi-year recovery in earnings.
06/07/17
06/07/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Kraft Heinz (KHC) initiated with a Buy at Berenberg. 2. NICE Systems (NICE) initiated with a Neutral at Citi. 3. Exxon Mobil (XOM) initiated with a Long-Term Buy at Hilliard Lyons. 4. ASV Holdings (ASV) was initiated with a Buy at Roth Capital and Seaport Global. 5. Check Point (CHKP), Imperva (IMPV), and Proofpoint (PFPT) were initiated with a Positive at Susquehanna. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

FSLR

First Solar

$48.86

0.32 (0.66%)

12:36
09/20/17
09/20
12:36
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12:36
Hot Stocks
First Solar off lows after Deutsche's analysis of Friday's ITC ruling »

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FSLR

First Solar

$48.86

0.32 (0.66%)

12:35
09/20/17
09/20
12:35
09/20/17
12:35
Recommendations
First Solar analyst commentary  »

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12:35
09/20/17
09/20
12:35
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12:35
General news
FOMC forecast revisions »

FOMC forecast revisions…

AA

Alcoa

$47.30

1.1 (2.38%)

12:30
09/20/17
09/20
12:30
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12:30
Options
All time high for Alcoa shares draws December premium buyers »

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GM

General Motors

$38.99

0.29 (0.75%)

12:25
09/20/17
09/20
12:25
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12:25
Periodicals
GM and striking workers union Unifor in informal talks, Automotive News says »

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ADP

ADP

$107.48

0.93 (0.87%)

12:21
09/20/17
09/20
12:21
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12:21
Hot Stocks
Ackman says ADP CEO's stake lot more levered than Pershing's »

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ADP

ADP

$107.48

0.93 (0.87%)

12:20
09/20/17
09/20
12:20
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12:20
Hot Stocks
Ackman says ADP stock options owned are 'very deep in the money' »

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CSIQ

Canadian Solar

$16.71

-0.09 (-0.54%)

12:20
09/20/17
09/20
12:20
09/20/17
12:20
Options
Aggressive put buying in Canadian Solar »

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ADP

ADP

$107.48

0.93 (0.87%)

12:18
09/20/17
09/20
12:18
09/20/17
12:18
Hot Stocks
ADP board has no shareholder orientation, Ackman says »

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$NSD

NASDAQ Market Internals

12:17
09/20/17
09/20
12:17
09/20/17
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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BBRY

BlackBerry

$9.14

-0.12 (-1.30%)

, DLPH

Delphi

$100.97

0.07 (0.07%)

12:16
09/20/17
09/20
12:16
09/20/17
12:16
Periodicals
Delphi picks BlackBerry's QNX OS for self-driving platform, CNet reports »

Delphi (DLPH) has…

BBRY

BlackBerry

$9.14

-0.12 (-1.30%)

DLPH

Delphi

$100.97

0.07 (0.07%)

03/08/13
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  • 28

    Sep

$NYE

NYSE Market Internals

12:16
09/20/17
09/20
12:16
09/20/17
12:16
Technical Analysis
NYSE market internals summary »

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ADP

ADP

$107.48

0.93 (0.87%)

12:15
09/20/17
09/20
12:15
09/20/17
12:15
Hot Stocks
Ackman says can work with ADP CEO after 'spoiled brat' comment »

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12:15
09/20/17
09/20
12:15
09/20/17
12:15
General news
FOMC balance sheet »

FOMC balance sheet: the…

ADP

ADP

$107.48

0.93 (0.87%)

12:14
09/20/17
09/20
12:14
09/20/17
12:14
Hot Stocks
Ackman says ADP margin opportunity closer to 1,200 basis points »

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CMG

Chipotle

$309.39

5.98 (1.97%)

12:12
09/20/17
09/20
12:12
09/20/17
12:12
Hot Stocks
Ackman says Chipotle management doing 'all the right things' »

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ADP

ADP

$107.48

0.93 (0.87%)

12:11
09/20/17
09/20
12:11
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12:11
Hot Stocks
ADP does not want shares held by Pershing supporters, Ackman says »

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GOOG

Alphabet

$921.81

6.81 (0.74%)

, GOOGL

Alphabet Class A

$936.86

7.11 (0.76%)

12:11
09/20/17
09/20
12:11
09/20/17
12:11
Periodicals
Google nears deal to buy assets from HTC, Bloomberg reports »

Google is nearing a deal…

GOOG

Alphabet

$921.81

6.81 (0.74%)

GOOGL

Alphabet Class A

$936.86

7.11 (0.76%)

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  • 22

    Oct

  • 29

    Nov

HMNY

Helios and Matheson

$5.70

2.22 (63.79%)

12:10
09/20/17
09/20
12:10
09/20/17
12:10
Periodicals
Helios and Matheson mentioned cautiously by TheStreetSweeper 

Reference Link

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ADP

ADP

$107.48

0.93 (0.87%)

, PAYX

Paychex

$58.07

-0.01 (-0.02%)

12:09
09/20/17
09/20
12:09
09/20/17
12:09
Hot Stocks
Ackman says 80% of ADP's issue is margins not at Paychex level »

Pershing Square's…

ADP

ADP

$107.48

0.93 (0.87%)

PAYX

Paychex

$58.07

-0.01 (-0.02%)

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  • 30

    Oct

ADP

ADP

$107.48

0.93 (0.87%)

12:08
09/20/17
09/20
12:08
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12:08
Hot Stocks
Ackman says ADP products are not easy enough to use »

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ADP

ADP

$107.48

0.93 (0.87%)

12:06
09/20/17
09/20
12:06
09/20/17
12:06
Hot Stocks
Ackman says ADP overstates total shareholder returns under CEO »

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LUXTY

Luxottica

$57.52

0.06 (0.10%)

, ESLOY

Essilor

$63.35

-0.06 (-0.09%)

12:06
09/20/17
09/20
12:06
09/20/17
12:06
Downgrade
Luxottica, Essilor rating change  »

Luxottica downgraded to…

LUXTY

Luxottica

$57.52

0.06 (0.10%)

ESLOY

Essilor

$63.35

-0.06 (-0.09%)

03/08/13
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PSEC

Prospect Capital

$6.72

0.07 (1.05%)

12:05
09/20/17
09/20
12:05
09/20/17
12:05
Options
Prospect Capital call volume above normal and directionally bullish »

Bullish option flow…

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ADP

ADP

$107.48

0.93 (0.87%)

12:01
09/20/17
09/20
12:01
09/20/17
12:01
Hot Stocks
Bill Ackman says ADP has 'massively underperformed potential' »

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